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0 P T I O N <br />In consideration of _TEN AND NO00 _ _ _ _ <br />_-_ _($_10 _00 _) POLLAi:S , <br />The <br />receipt whereof is hQre')v <br />acknowledged, I hereby <br />give to rthe CITY OF _ <br />SAN <br />LEANDRO,_a Municjpal <br />Corporation _ _ _ _ <br />_ _ _, hereinafter referred <br />to as Opt;_onee, the option of <br />buying, for the lull price of _SEVEPITEEN_THOUSAND <br />AND <br />N01100_-_ _---_ _ _-_ _ <br />_ _ _-- --_ ^ s _ _ <br />_(�_17i00(1.00 _ _)DOLLARS, <br />the <br />following described real <br />property situated in tha <br />City of _San Leandro _ <br />County of _ Alameda - - _ _, <br />State of California, <br />and more particularly <br />described as follows, to wit:_ <br />Optionee shall have the right to close this application at any time within <br />_ 30 days _ _ from date hereof, and I agree to execute and deliver to <br />Optionee, or to any one named by Optionee, a good and sufficient Grant Deed. On <br />execution of said deed I am to be paid the further sum of SIXTEEN -THOUSAND _ <br />NINE HUNDRED NINETY AND N01100 -($ 16, 990_00 _ _) DOLLARS, in full payment <br />of the purchase price of said real property; but if said option is not closed <br />within 30 days from date hereof, I am to retain the said sum of <br />TF 1_l�TQ r10/109= - _(r_ 10,00_ _ _)DOLLARS, so paid as aforesaid, as liquidated <br />damages. If said Option is closed within the said - _ 30 days -, the <br />amount paid as aforesaid is to be applied towards the purchase price. Ti,-ne is <br />of the essence of this contract. <br />Dated this _ -�_ _ day of - _ _ _ _ _, 19 f- <br />----- 1 - -r---=�-�. <br />State of California ) ss <br />County of Alameda ) <br />On this _ _ _clay of _ _ _ _ _ _ _19 before me, the undersigned Notary <br />Public, person_ally appeared _ <br />known to me to be the person_ described in and w1iose name_ _ _ _ subscribed <br />to and who executed the within instrument and acknowledged to me that <br />executed the same. <br />'Rotary Publ-.c in and for said Cc7n77and <br />r t.Itc <br />My Commission Expires_ <br />